You are viewing a limited version of this profile. To access i3's full capabilities.
SK On
Save
Company logo (jpg or png)
Parent company

Short description

Battery division of SK Innovation

Founded in 2021
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Korea Republic Seoul, Korea Republic
Address
City
State
Zip
Country

Parent Companies

Updated by at on 04/09/2025

Traction
  • 0 M&A items
tags
Similar companies
Customers
Save
Date Company
Partnerships
Save
Date Partner Type
07/10/2024
Sakuu Corporation Sakuu Corporation
Sakuu and SK On to collaborate on advancing EV Battery Manufacturing and for the industrialization of the dry process Kavian platform.
View source    
Confirmed by Sakuu Corporation
Development Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
05/24/2023 BlackRock BlackRock , Qatar Investment Authority Qatar Investment Authority , MBK Partners MBK Partners (3)
Post-money valuation of
SK On will use the new funds to expand its global manufacturing facilities. The company is aiming to increase its annual EV battery production capacity from 88 gigawatt-hours (GWh) as of end-2022 to more than 220 GWh by the end of 2025.
Buyout / Late-Stage Private Equity $909,000,000
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font